🚨 ETH BREAKDOWN CONFIRMED 🚨 Price just broke down from value — targeting $2,155 (Weekly Level) 📉
📌 Why I’m Bearish From the Top: – ETH + Altcoin leverage hitting ATHs due to ETF hype – Even volume profile → now thin moves down – Spot selling every pump | leverage chasing highs
🧠 ETHBTC trend may reverse one day — but don’t time bottoms. React to trend changes. Not emotions.
📉 First daily close below $0.92 – the former range low. 🟢 Potential bid zone now between $0.73 – $0.79 ⚠️ Short positions can be considered with invalidation above $0.96
I clearly said price accepting below the value area almost certainly meant lower, the draw marked on the chart ended up providing a nice 7% move, you can take profit on this first bounce (as mentioned in the previous update and trail stops after that)
OR - wait to see how price is reacting to previous hourly highs at $37 and potentially ride this higher
Sol is at key inflection point here, if you're a long enjoyoor, you simply wait for prices to get above the anchored vwap, from there you can expect a move towards the high marked above with invalidation right below the recent low. If price fails to trend here, I'd look at the low below to position myself for a V reversal if conditions allow for it
#XSuperApp Elon Musk’s X is shifting gears—fast. The platform is evolving into a powerful “super app,” soon allowing users to make payments, invest, and trade—all within one sleek interface. With debit and credit card support rumored to launch later this year, X is clearly gunning for dominance in both finance and social media. But here’s the real question: will crypto be part of the plan?